₿1 = $67,625.47▲ 0.53%
MARA Holdings Inc.
MARA🇺🇸
$8.01▼ 8.67%
As of March 9, 2026 at 11:49 UTCMarket Closed
Mara is one of the world's largest Bitcoin miners with operations spanning four continents. The company accumulates BTC through both mining and open-market purchases funded by equity and convertible debt.
Reserves
BTC Reserve
53,822 BTC
Fiat Reserve
547.13M USD
Total Reserve
4.19B USD
Shares outstanding
380.23M
Key Metrics
Total outstanding
3.65B USD
Market cap
3.05B USD
mNAV
0.84x▼ 9.15%
Amplification
87.1%
Leverage
87.1%
Avg-weighted maturity
2031-05-10
In-the-money
-70.0%
Dilution if full conversion
34.8%
BTC Holdings
BTC Holdings
Maturity Profile
Convertibles
BTC Price & Analytics
Convertibles(5)
Convertibles(5)
MARA-Dec26
2021-11-15 — 2026-12-01
MARA-Sep31
2024-08-14 — 2031-09-01
MARA-Mar30
2024-11-21 — 2030-03-01
MARA-Jun31
2024-12-04 — 2031-06-01
MARA-Aug32
2025-07-28 — 2032-08-01
Total conv. outstanding
3.30B USD
| Label | Issue | Maturity | Coupon | Principal | Outstanding | Conv. price | |
|---|---|---|---|---|---|---|---|
| MARA-Dec26 | 2021-11-15 | 2026-12-01 | 1% | 747.50M USD | 48.08M USD | 76.17 USD | |
| MARA-Sep31 | 2024-08-14 | 2031-09-01 | 2.125% | 300.00M USD | 300.00M USD | 18.89 USD | |
| MARA-Mar30 | 2024-11-21 | 2030-03-01 | 0% | 1.00B USD | 1.00B USD | 25.91 USD | |
| MARA-Jun31 | 2024-12-04 | 2031-06-01 | 0% | 925.00M USD | 925.00M USD | 34.58 USD | |
| MARA-Aug32 | 2025-07-28 | 2032-08-01 | 0% | 1.02B USD | 1.02B USD | 20.26 USD | |
| 3.30B USD | |||||||
Preferred instruments(0)
Preferred instruments(0)
No active Preferreds.
Other debt(2)
Other debt(2)